Finance Item/Grant Request Template
Date Submitted: 10-21-19
Requesting Agency: Finance
Division:
Subject Matter Expert Name:
|
Name: Rachel Bardin |
|
Email: Rachel.Bardin@denvergov.org |
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A bill for an ordinance making rescissions from General Fund appropriations and making appropriations in and cash transfers to Special Revenue Funds, Capital Improvement and Maintenance Funds, iFund and the General Fund.
Rescinds and re-appropriates $8,789,948 from General Fund appropriations and transfers cash to Special Revenue Funds, Capital Improvement and Maintenance Funds, iFund, and the General Fund to address 2019 and 2020 needs. The Committee approved filing this item at its meeting on 10-29-19.
body
Affected Council District(s) or citywide? Citywide
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This bill request rescinds a total of $8,789,948 from the General Fund as follows:
|
Rescinding Agency |
Rescissions |
|
Public Works |
$4,062,600 |
|
Clerk and Recorder |
$1,800,000 |
|
Department of Finance |
$1,390,000 |
|
Parks and Recreation |
$911,850 |
|
Denver Sheriff Department |
$625,498 |
|
TOTALS |
$8,789,948 |
Appropriations will be made to the following funds:
|
Funds for Re-Appropriations |
Amount |
|
iFund |
$3,167,600 |
|
Elections Equipment and Technology SRF |
$1,800,000 |
|
Capital Improvement Projects |
$1,355,000 |
|
Planned Capital Equipment SRF |
$1,327,348 |
|
Homeless Services |
$1,000,000 |
|
Human Rights and Community Partnerships Collaboration SRF |
$50,000 |
|
General Fund - for CPD and DEDO to support the West Denver Renaissance |
$90,000 |
|
TOTAL |
$8,789,948 |
The appropriations, which are funded through 2019 year-end savings, will support requests from City Council for the 2020 budget including Safe Routes to Schools, Office of the Aging, Vision Zero, and Hotel Vouchers; replacement capital equipment for General Fund agencies that could not be accommodated in 2020; mandated equipment to support Denver Elections in 2020; and technology including project management for GO Bond projects and capital projects.
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):
Amount:
Budget Year:
Fund and Funding Source (Fund/Org/Grant Number, if applicable):
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact: